Seriously, I always wondered why I always see a Walgreens and a CVS across the street from each other. Or why I see the same with two competing chains of video stores (not that I see video stores much anymore, in this age of Netflix.)
Actually, that’s probably a different phenomenon. Stores of a similar type tend to cluster, because that’s where the customers (and, to some extent, suppliers) cluster. If you were opening a new flower stall, then 1% of the 10K potential customers in the flower market is still a better deal than 100% of the 10 potential customers on some random street corner.
Life makes so much more sense now.
Seriously, I always wondered why I always see a Walgreens and a CVS across the street from each other. Or why I see the same with two competing chains of video stores (not that I see video stores much anymore, in this age of Netflix.)
Actually, that’s probably a different phenomenon. Stores of a similar type tend to cluster, because that’s where the customers (and, to some extent, suppliers) cluster. If you were opening a new flower stall, then 1% of the 10K potential customers in the flower market is still a better deal than 100% of the 10 potential customers on some random street corner.